2 Bed Flat, Single Let, Romsey, SO51 0AW, £250,000
Foster Way, Romsey, Hampshire, SO51 0AW - 2 views - 7 months ago
Sold STC
BTL
ROI: 2%
~68 m²
+6 photos
ValuationOvervalued
| Sold Prices | £145K - £460K |
| Sold Prices/m² | £2.5K/m² - £5.3K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £3.7K/m² |
Value Estimate | £233,523 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Rent Range | £1,150 - £1,400 |
Rent Estimate | £1,150 |
Running Costs/mo | £1,031 |
Cashflow/mo | £119 |
Cashflow/yr | £1,425 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
27 sold prices from £145K to £460K, average is £235K. £2.5K/m² to £5.3K/m², average is £3.4K/m².
Local Rents
21 rents from £1.1K/mo to £1.4K/mo, average is £1.2K/mo.
Local Area Statistics
Population in SO51 | 26,989 |
Town centre distance | 0.99 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 1.14 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Listed for £250,000
September 5, 2024
Floor Plans
Description
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